Our loan calculator is a versatile tool that can help you plan how much you need to borrow and what it will cost. If you need a personal loan then give it a go to get an idea of monthly repayments and the amount of interest you will pay on any borrowing.
How to use our loan calculator
Simply input some of the following variables to use the loan calculator:
Loan Amount – meaning how much you wish to borrow
Loan Term – this is how long you will be paying the loan off, whether it is months or years.
Interest rate – this is the interest rate that you will pay on your borrowing - the lower the better!
Monthly payment – this is the repayment you will make each month - you must make sure you can afford this as there will be penalties if you can't make a payment.
Total Interest Paid – this is how much borrowing the money will cost you. Sometimes you will be able to pay back quicker without penalty and save on this amount.
Money Compare - Preferred Loan Providers
No one likes to have to borrow money. BUT there are lots of reasons to do so and sometimes you will need to. If you do then the most important thing is to get the best rate for your needs and pay as little interest as possible.
Of the personal lenders in New Zealand, there are a few that excel and there are others that are truly dire. There are a couple of personal lenders who we believe achieve in the area of looking after their customers.
